#bankruptcy

Houston, TX - Thursday, September 24, 2026
In a brief but consequential status conference Thursday morning, the U.S. Bankruptcy Judge signaled that upcoming hearings in the DISH DBS and DISH Wireless Chapter 11 cases may carry significant repercussions for EchoStar Corporation, the parent entity at the center of governance and independence disputes.

The hearing, held ahead of the September 29 confirmation proceeding for the DBS Debtors' prepackaged plan, quickly shifted toward the growing conflict surrounding the Special Committee Report in the DISH Wireless (DWLLC) case. The report, commissioned to evaluate DWLLC's independence and EchoStar's influence, has become a flashpoint between EchoStar and the Unsecured Creditors' Committee (UCC).

Counsel to the UCC, told the court that EchoStar had delivered its proposed redactions to the Special Committee Report just before the hearing. The counsel emphasized that the Independent Special Committee supports the UCC's emergency motion, which argues that EchoStar's conduct has created an urgent need for disclosure. In that emergency motion, the UCC warned that "EchoStar's actions have impeded the Special Committee's ability to operate independently" and that "the estate cannot be protected unless the Report is promptly filed without improper redactions." The counsel reiterated in Thursday's hearing that urgency from the emergency motion, stating that "if we are not able to work through the redactions and get the report on file in the coming days, we will be seeking the court's intervention."

The Judge responded, "I appreciate it." He then cautiously but pointedly emphasized that he intends to honor the existing standstill until the next major hearing on October 2, when the Special Committee Report and related governance issues will be addressed. The Judge added that the October 2 session is likely to be substantially more involved than Thursday's brief update.

"I suspect that that may be a more robust discussion," the Judge said, referencing the October 2 hearing. The Judge continued that the hearing would give him a clearer picture if they were still going to go forward with the emergency hearing on the 8th and as the Judge put it "what the consequences are, of how I may rule and where things stand in that case.”

The judge's reference to "consequences" was interpreted as a signal that findings related to DWLLC's independence, EchoStar's conduct, or the adequacy of redactions of the Special Committee Report could directly influence the separate October 8 hearing, where the UCC seeks standing to pursue claims against EchoStar and authority to conduct Rule 2004 discovery.

Meanwhile, the DBS Debtors reported progress in resolving objections to their confirmation plan, though multiple broadcaster cure disputes remain active on the docket. The Judge instructed the Dish DBS Debtors to file witness and exhibit lists by September 25, and to provide a full status update by September 28, noting that he intends to prepare over the weekend for the September 29 DBS confirmation hearing.

The court also noted that it remains prepared to rule on Comcast's pending motion to intervene, which seeks to participate in DWLLC’s force‑majeure litigation and argues that DISH Wireless is attempting to develop a factual record that could bind other creditors without their involvement.

With broadcaster objections mounting, the Special Committee Report pending, and two high‑stakes hearings scheduled within the next two weeks, the DISH bankruptcy cases appear poised for a decisive turn.

I called $125 by Nov. 1rst 5 months ago (check the logs here). Seems to be moving that way. I also called the company will file for protection and bankruptcy then restructure during 2027/2028. There are just too many financial warning signs to ignore. It's straight forward - do the research and look at history across other bubbles and timeframes. Ironic and eerlity simimilar. RIF's are a constant reality at Oracle but will not make a significant difference to the ultimate outcome of where this company is headed.

Has anyone who got laid off been able to collect PA unemployment?

GoHealth is closing its Chicago headquarters and laying off nearly all its staff there. This move follows a recent reorganization attempt in bankruptcy court. The company is significantly reducing its operational footprint in the city. Many employees at the Merchandise Mart location will be affected. This represents a major shift for the company's local presence.

Chicago, Illinois

https://www.modernhealthcare.com/insurance/ccb-gohealth-hq-layoffs-20260914/

HOUSTON - Sept. 13 - The DISH Wireless Debtors issued a Sunday evening statement filing that their restructuring could collapse into liquidation if creditors do not support the amended Wireless plan, even as a newly announced two‑week litigation pause drew immediate scrutiny due to creditor pushback. Sections 7 of the Debtors’ Statement acknowledge that failure to reach consensus may result in consideration of other alternatives including conversion to chapter 7.

The filing framed the requested pause in litigation as collaborative, but it contradicts the Unsecured Creditors’ Committee’s earlier filing accusing the Debtors of previously imposing a “one‑way pause of discovery” and refusing to produce key Rule 2004 documents.

The contradiction is expected to be a focal point at Monday’s status conference, ahead of a critical requested September 23 answer on governance failures and conflict‑of‑interest allegations involving White & Case.

HOUSTON, Sept. 13 - The DISH Wireless Debtors dropped a sweeping amended plan on Saturday, carving their case away from the DBS Debtors and adding new governance controls as they brace for a high‑stakes courtroom clash over counsel conflicts.

The Saturday filing is a full redline of the Amended DISH Wireless Plan and Disclosure Statement. The new filing by White & Case, the lead counsel for the debtors, formally bifurcates the estates and hands insider‑related litigation authority to a newly created Special Governance Committee, a move aimed at defusing objections from the U.S. Trustee and unsecured creditors.

The revisions tighten FCC Trust rules, introduce new claim‑treatment exhibits, and clarify that DWLLC’s intercompany loan claim cannot tap FCC Trust recoveries. The changes however stop short of addressing the U.S. Trustee’s central allegation: that White & Case helped structure the disputed intercompany loan and failed to disclose its role.

The timing of a Saturday drop also follows a wave of Friday Ordinary Course Professional Declaration (OCP) declarations and is expected to draw scrutiny at Monday’s hearing. Creditors may challenge the last‑minute filings show the Debtors scrambling to contain governance fallout and avoid removal of restructuring counsel.

Judge Christopher Lopez will need to decide whether parties need more time to review the redlines or proceed directly to argument. A separate Sept. 23 hearing will determine whether DWLLC can remain a debtor‑in‑possession or whether a trustee is needed to take control of the Wireless estate.

The amended plan marks the most aggressive restructuring shift since the merits‑track split, but it remains unclear whether the changes will satisfy the US Trustee's concerns regarding lead council and the creditor's pressing for independent oversight.

Confirmed via a former colleague and former boss, bankruptcy filling is making its rounds, to be officially announced on 9/14/2026.

Houston, Sept. 11, 2026 — The U.S. Trustee for Region 7 filed a formal objection Friday to the DISH Wireless Debtors’ application to retain White & Case LLP as restructuring counsel, citing conflicts of interest tied to prepetition insider transactions.

In the filing, the Trustee argued that White & Case “holds and represents interests adverse to the estate,” pointing to disclosures showing the firm drafted and advised on the DWLLC Intercompany Loan now under scrutiny by the Debtors’ Special Committee and challenged by multiple creditor groups.

The US Trustee’s objection includes a proposed order denying retention, signaling a request for immediate court action ahead of a September 14 status conference. The objection comes as the Debtors face heightened scrutiny over governance stability following the departure of two Chief Legal Officers and the appointment of an acting CLO.

Within hours of the filing, the Debtors submitted a series of Ordinary Course Professional declarations and supplemental notices, updating their roster of routine legal and advisory firms.

Judge Christopher Lopez is expected to address the W&C retention objection at Monday’s hearing. A separate hearing on the appointment of a trustee motion is scheduled for September 23 and will be a critical test of whether DISH Wireless can continue as a debtor‑in‑possession.

Sparhawk has announced the complete closure of its Wisconsin Rapids business. The company was unable to secure a buyer during its bankruptcy proceedings. This decision will result in the termination of all employees. Layoffs commenced this week as the closure process began. The business will no longer operate.

Wisconsin Rapids, Wisconsin

https://www.wisconsinrapidstribune.com/story/money/2026/09/10/sparhawk-trucking-to-close-in-wisconsin-rapids-employee-to-be-laid-off/91691628007/

A family-owned trucking company has announced its closure following a failed attempt to find a buyer after filing for bankruptcy. The business owes a significant amount to its lender, which contributed to its inability to continue operations. This closure will result in the permanent layoff of 74 employees. The company has begun liquidating its equipment as part of the formal winddown process. Notices were also sent to independent contractor drivers as a precautionary measure.

Wisconsin Rapids, Wisconsin

https://www.wjfw.com/news/local/family-owned-sparhawk-trucking-closing-doors-with-74-employees-being-laid-off/article_5679aa00-880e-4ecb-a7a4-98ee657dddcc.html

LIV Golf has officially filed for Chapter 11 bankruptcy. The league announced a restructuring support agreement to transition to a player-majority ownership model. This move follows the withdrawal of funding from Saudi Arabia's Public Investment Fund. The company is seeking investor BC Partners for its future. Many employees have already lost their jobs as part of this restructuring.

New York, NY

https://www.aol.com/articles/liv-golf-declaring-bankruptcy-weeks-205400000.html

Yes yes look over there and ignore the shell game. Bethpage and Plano will be sold and leased back by the opposite orgs and when the planned bankruptcy stops being the worst kept secret in business, both successor orgs will default on their obligations. But make sure to bring your a-s to work to a desk you had to request with no trash can because that would be too many hours in the cleaning contract. Badge swipes above all. What is anyone even doing here anymore?

Signorello Estate winery in Napa has filed for bankruptcy protection. The family-owned business is burdened by $36 million in debt. They are now looking to sell the winery. This move comes as the winery faces significant financial challenges. The future of the estate remains uncertain.

Napa, California

https://www.bizjournals.com/sanfrancisco/news/2026/09/02/sfbt-digest-wednesday-walnut-creek-google-breakup.html

Following its emergence from Chapter 11, the home shopping company is grappling with significant leadership changes. Several executives are reportedly departing as part of an ongoing C-suite overhaul. These departures raise questions about the company's future strategic direction. The stability of its leadership team will be crucial for its post-reorganization success. Investors and stakeholders will be watching closely for clarity on these matters.

West Chester, Pennsylvania

https://www.bizjournals.com/philadelphia/news/2026/09/06/whats-ahead-after-qvc-group-exited-bankruptcy.html

In a new emergency filing submitted on September 6, 2026 (Docket No. 1361) in the DISH Wireless bankruptcy, the Official Committee of Unsecured Creditors alleges that EchoStar insiders created a $19.9 billion “intercompany loan” and used it to justify transferring Boost Mobile out of the DISH Wireless estate, a move the filing describes as benefiting non‑debtor affiliates at the expense of Wireless creditors.

The motion to appoint an independent trustee or strip case exclusivity represents the highest-stakes maneuver yet to wrest control from EchoStar insiders. The Committee is asking the judge to appoint an independent Chapter 11 trustee or terminate DISH Wireless’s exclusive control of the case, citing conflicts of interest, undisclosed FCC actions, and looming administrative insolvency. Based on the filing’s evidence, the motion is asking for either trustee appointment or loss of exclusivity, both of which could trigger an investigation into the Boost transfer and shift control away from EchoStar. If the judge grants either of the UCC's demands, EchoStar will lose control over the restructuring timeline.
Sources:
– Emergency Motion of the Official Committee of Unsecured Creditors (Docket No. 1361, filed 9/6/26)
– Committee Response to Debtors’ Statement (Docket No. 1362, filed 9/6/26)

It is looking more likely a Chapter 7 or Sale of Boost Mobile is a real possibility. This is because the Dish DBS bankruptcy filings themselves describe a bifurcated (split) case structure. In the docket filing, Debtors’ Statement Regarding Case Schedule and Bifurcation, DBS will be placed in a confirmable reorganization track, while Wireless business is most likely going to be separated into its own estate and looks to be getting pushed toward a Section 363 sale (liquidation). Once the estates are split, the Court evaluates each independently. This is because DBS is viable, but Wireless has no sustainable business model, no positive cash flow, and no confirmable plan without a successful sale. Under §1112(b), if a standalone estate cannot reorganize, continues losing money, and has no viable path forward, the Court is required to convert that estate to Chapter 7.

The recent layoffs weren’t really "strategic", they were necessary because the Wireless business was financially unsustainable. Boost and the broader wireless unit were running at a loss, carrying heavy network liabilities, and had no viable path to profitability without major cost reduction. When a business unit can’t support its operating expenses, headcount becomes the only lever left. The company used strategic language to frame the cuts, but the underlying driver was simple financial necessity, not long‑term strategy.

Expect continued cost‑cutting, asset sales, and operational consolidation. Wireless side will shrink further, DBS will stabilize, and the bankruptcy structure will push the company toward either a Wireless sale or a Chapter 7 conversion if that sale fails.

MobileX is really just the off-book insurance, so Charlie never loses his wireless footprint, even if Boost is sold, carved out, or liquidated.

Two casinos in Tukwila will cease operations on November 1st, resulting in the termination of 238 employees. Maverick Gaming, the parent company, filed bankruptcy protection last year and has since closed multiple locations. The affected workers span various roles within the casinos, including dealers, bartenders, and cooks. This decision follows a previous ruling by the Washington Gaming Commissioners regarding surveillance petitions. Maverick Gaming cited competition challenges and the lack of advanced surveillance technology as contributing factors.

Tukwila, Washington

https://mynorthwest.com/local/tukwila-casino-layoffs/4271355

Bankrupt with in a year , don't let this fail company give tunnel vision
Reinvent your self, get a better job,start a small business is a whole world out there with a better life .
Is time to fly and you know it.
Fear nothing!!
P.S. fudge flu shorts what a scam

A long-standing alcohol distributor has filed for Chapter 11 bankruptcy protection. This filing will result in the layoff of over 500 workers in Georgia. The company has been exploring strategic options to secure capital and avoid liquidation of its operations. These layoffs are expected to take effect in October. The company's headquarters are located in Cobb County.

Atlanta, Georgia

https://www.ajc.com/business/2026/08/alcohol-distributor-republics-bankruptcy-triggers-558-atlanta-area-layoffs/

And we really need to plan for next step. Takis does not know what he is doing. I heard the Fiserv Forum has been a colossal failure…

Google agreed to pay $10 million for an enormous trove of business data from bankrupt Spirit Airlines—but the carrier’s flight attendant union is raising questions about what happens to privacy after a company goes belly up and AI swoops in.

https://www.forbes.com/sites/suzannerowankelleher/2026/08/18/google-train-ai-spirit-airlines-data/

Does anyone actually believe that this is a good product that is competitive in market

They keep acting like it's going to save the company but all I continue to see is square cause merchants prefer it

How are we not bankrupt yet

Even if it takes off, it's only small businesses

when do we start the merger with Comcast? before the administration changes I'm sure? are they just going to create a small new company like Altice/Optimum did to place all of their debt in and let that portion go bankrupt?

Would that work to not comply with new RTO and drag it out as long as possible till they terminate me or lay me off. Would this set me up for a possible layoff package and I could get unemployment benefits?

Transcript: The 500 billion dollar company Oracle is now on the brink of bankruptcy.
And the situation is only getting worse.
Let me explain.
The company has now taken on over 130 billion dollars to rapidly build A I.
Data centers to satisfy. Their over $638 billion in demand for A I capacity.
Now it doesn't sound that crazy until you look at the numbers closer.
Nearly 50% of the entire demand comes from just one company
Open A I. The same company that lost over $38 billion last year
and is on track to lose over $27 billion this year.
The Company has no path to profitability
and if they pull out their commitments to Oracle,
then they have a 300 billion dollar problem.
And investors are already anticipating this is going to happen.
The cost of insuring Oracle's debt has skyrocketed to over 200 basis points,
which is even higher than when Lehman Brothers collapsed in 2008.
But it gets worse. The same man
that made over a billion dollars shorting the housing market in 2008,
Michael Burry, just put out a massive short position on Oracle.
And if he's right like he usually is,
then this could collapse the entire A I bubble.

Source:
https://vm.tiktok.com/ZN8Ru8Ujp/

Fiserv
FISV
Last Price $52.41
My Fair Value Select

New major risk - Financial position
The company's interest payments are not well covered by earnings.

Net interest cover: 3.0x
This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario.

Cumulus Media has begun a new series of job reductions impacting sales and programming departments. These layoffs are occurring as the company prepares to formally emerge from bankruptcy proceedings. This action follows similar workforce reductions seen at other media companies, such as iHeartMedia. Cumulus initially filed for prepackaged bankruptcy in March. Heath Freeman's investment firm now holds a significant stake in the reorganized company.

Atlanta, Georgia

https://www.mediapost.com/publications/article/417058/cumulus-media-initiates-a-round-of-layoffs.html?edition=143431

A bankrupt Eastern Kentucky coal operator has been sold at auction. Clintwood JOD LLC owed over $60 million in debt. The company was purchased for $1.1 million by CW Reclaim LLC. This sale follows earlier layoffs in March. Additional job cuts were reportedly announced Friday.

https://www.kentucky.com/news/state/kentucky/article316726236.html

Have any of the recently laid off employees retained legal counsel yet? I am not a lawyer, but my understanding is that wages, vacation and severance are granted priority status over unsecured creditors. However, that amount is capped at $15,150. I really hope I am wrong, but when HR told us all that we would be on payroll through September 22nd, they did it with management knowing that bankruptcy would be filed in 9 days and we would all be getting a fraction of what they told us. Nice integrity, and what a great way to deceive the people who were working hard for you.

Maverick Gaming will close two of its Washington state casinos by the end of July. This decision impacts over 100 jobs as part of the company's bankruptcy restructuring. The closures are attributed to regulatory changes and a lack of competitive surveillance technology. These shutdowns follow previous layoffs and property closures by Maverick Gaming. The company operates 27 properties across three states.

Mill Creek, WA

https://www.the-sun.com/money/16760475/crazymoose-mountlake-silver-dollar-mill-creek-casino-closing-washington/

ITS BEEN CONFIRMED FROM A RELIABLE SOURCE. THERE WILL BE CHAPTER 7 BANKRUPTCY

It's gonna happen sooner or later. The closer to CH 11 they do it, the worse it looks.

A ca--abis company is closing two cultivation facilities in Vineland due to significant financial losses. This closure will result in the elimination of 86 jobs. The parent company has filed for bankruptcy protection, citing widespread industry challenges and substantial net losses. Additionally, the firm intends to divest its three South Jersey dispensaries, which represent its sole market presence in the state. These actions reflect a broader withdrawal from the U.S. market.

Vineland, New Jersey

https://www.burlingtoncountytimes.com/story/money/business/2026/07/22/cannabist-closing-grow-site-selling-vineland-deptford-mays-landing-dispensaries/90999257007/

Have you guys looked at a ford car vs Honda/toyota. The choice is obvious, why would anyone want to buy a ford. The Honda crv was the best selling vehicle in America for a reason. Ownership cost is way lower than a ford. Those who still drive a ford is only because they get a management discount so don’t let them fool you. Bankruptcy is around the corner…

Are EchoStar employees still calling themselves “disruptors”?. The pay TV business is bankrupt, satellite TV is dying, Sling isn’t competitive, the wireless strategy has been abandoned, and Hughes is under pressure… what exactly are you disrupting? I have an offer but I am wondering if it’s even worth taking

Huntington Bank will close thirteen branches across Michigan. The majority of these closures will occur on August 28th. Two specific locations in Troy and Traverse City will close in November. The bank stated these decisions are part of regular network reviews. Huntington Bank will continue to operate a significant branch network in the state.

Detroit, Michigan

https://www.detroitnews.com/story/business/2026/07/13/huntington-bank-to-close-13-michigan-branches-several-in-metro-detroit/90906653007/

https://www.ft.com/content/394c33d7-43cb-448e-97da-63fcb2c02b0b

Several companies in the logistics and trucking industries are experiencing significant financial difficulties. Fusion Transport LLC is laying off 79 workers at its New Jersey facility. Multiple other transportation and logistics firms have recently filed for bankruptcy protection. These filings include Jackson and Son Hauling LLC, Victory Freight Corp., IPS Express Logistics Inc., and Talon Logistics Inc. The widespread financial strain affects various segments of the freight economy.

New Jersey, North Carolina, Illinois, California, Virginia

https://www.indexbox.io/blog/logistics-and-trucking-companies-cut-jobs-file-for-bankruptcy-in-july-2026/

A judge has indicated the possibility of a buyer for the Schwebel Baking Company, which had announced plans to cease operations. This development comes after the Teamsters Union filed a lawsuit contesting the closure. The company, in business for over 120 years, is reportedly considering an expedited Chapter 11 bankruptcy to facilitate a sale. Discussions are ongoing between parties to determine the feasibility of this potential purchase. The identity of the prospective buyer has not yet been disclosed.

Youngstown, Ohio

https://www.wtae.com/article/schwebel-baking-company-buyer/71921509